2021 CVE to GEL Historical Review

YEARLY HIGH

0.0379 GEL

YEARLY LOW

0.0314 GEL

YEARLY AVERAGE

0.0344 GEL

2021 CVE to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0379. Conversely, the yearly low was recorded on December 26, dropping to 0.0314.

This high-to-low spread represents a total annual volatility of 0.0065 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0363 to the December average rate of 0.0316, the exchange rate registered a net change of -12.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0379 was up 3.53% compared to the 2020 peak of 0.0366, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 189 GEL

2020 Average 160 GEL

Yearly Trough Low 157 GEL

Transaction Impact: A difference of 32.49 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0376

0.0311

JanuMarcMayJulySeptNove

CVE to GEL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0361, compared to 0.0327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0361

H2 Avg (Jul–Dec) 0.0327

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0033 GEL (High: 0.0361 / Low: 0.0328). On the other end, August was the most stable month, with a tight range of 0.0005 GEL (High: 0.0334 / Low: 0.0329).

June Spread (Volatile) ±0.0033

August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0027 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0371) against the same month in 2020 (average: 0.0313), the exchange rate shifted by +0.0058 (+18.66%).

2021 Avg (April) 0.0371

2020 Avg (April) 0.0313

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0367	0.0361	0.0363
February	0.0365	0.0358	0.0362
March	0.0363	0.0356	0.0358
April	0.0379	0.0364	0.0371
May	0.0379	0.0358	0.0370
June	0.0361	0.0328	0.0343
July	0.0339	0.0327	0.0333
August	0.0334	0.0329	0.0331
September	0.0334	0.0326	0.0331
October	0.0333	0.0326	0.0328
November	0.0331	0.0315	0.0324
December	0.0319	0.0314	0.0316